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WorleyParsons SWOT Analysis

Here is a detailed SWOT analysis of WorleyParsons covering strengths, weaknesses, opportunities and threats.

Published by MBA Skool Team in Energy & Power category Last Updated: August 17, 2023Read time:

WorleyParsons Strengths

  1. Services for entire life cycle from finding an opportunity to making that operational
  2. Services offered in a number of fields namely power and infrastructure, hydrocarbons, minerals and metals
  3. Solid balance sheet and strong cash flows
  4. Services & products offered for petroleum and natural gas
  5. Work environment in company is rated excellent with the company winning awards in various magazines
  6. Good brand name
  7. Over 35,000+ employees form the backbone of the company

Above are the strengths in the SWOT Analysis of WorleyParsons. The strengths of WorleyParsons looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.

WorleyParsons Weaknesses

  1. Increasing costs of input

These were the weaknesses in the WorleyParsons SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.

WorleyParsons Opportunities

  1. Growth in emerging region like Asia,middle east, latin America and Africa
  2. Increasing natural gas market globally
  3. More oil well discoveries
  4. Infrastructure growth means more automobiles and construction equipment which require more fuel.

Above we covered the opportunities in WorleyParsons SWOT Analysis. The opportunities for any brand can include prospects of future growth.

WorleyParsons Threats

  1. Adoption of alternative fuel by people
  2. Huge sulphur emissions
  3. Environmental hazards cause a backlash
  4. Economic instability and fluctuations worldwide

The threats in the SWOT Analysis of WorleyParsons are as mentioned above. The threats for any business can be external factors which can negatively impact its business.

Hence this concludes the WorleyParsons SWOT analysis.

Read Similar SWOT analysis

About WorleyParsons

The table below gives the brand overview along with its target market, segmentation, positioning & USP

WorleyParsons

Parent Company

WorleyParsons 

Category

Oil Services and Equipment

Sector

Energy & Power

Tagline/ Slogan

Select Deliver Improve; Resources and energy

USP

One of the largest provider of services to energy sector in Australia

WorleyParsons STP
Segmentation

Corporates, countries looking to fulfill energy services needs

Target Market

Companies involved in petroleum and natural gas exploration

Positioning

Positioned as a company that provides complete solution from start to end

 

This article has been researched & authored by the Content & Research Team which comprises of MBA students, management professionals, and industry experts. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.

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